Filed August 6, 2024
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Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
NATIONWIDE1+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $60,821 |
Service code 35 · EIN 95-2402760 | Employee (plan sponsor) | $22,463 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,844 | $57,610-62.1% | $154,803-85.9% | $102,872-78.8% |
| Participation rate | 96.8% | 59.5%+37.3pp | 78.1%+18.7pp | 73.0%+23.7pp |
| Annual return | 11.05% | 30.49%-19.4pp | 58.88%-47.8pp | 19.06%-8.0pp |
| Employer contribution / active EE | $2,264 | $1,883+20.2% | $4,305-47.4% | $3,526-35.8% |
| Participant deferral / active EE | $0 | $2,914-100.0% | $5,540-100.0% | $5,535-100.0% |
| Admin fee / account holder | $144 | $368-60.9% | $14,329-99.0% | $292-50.7% |